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down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing from the airlines and what they are telling boeing is the same thing they have been telling boeing over the last several years. a, are you going to deliver this aircraft on time. b, is it going to meet expectations. if that happens, again, for the most part, most of the airlines flying this aircraft are reporting that it is delivering on the expectations that they had set in advance when they ordered the aircraft. i know that's a little strange. some people will look at this and say, listen, there's all these problems with the dreamline
down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing...
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Jan 8, 2013
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has a buy rating on boeing. thanks for being here. >> thanks for having me. >> any of these stories change your feeling on boeing? >> i see a string of potential manufacturing issue, and i think that it's very important for us to look at these issues as two different camps, manufacturing and design. if this is manufacturing hopefully we'll have a quick fix here. this is a plane ramping in production rates. boeing is learning how to produce this plane. if it's a design issue, that's a bigger issue because we'll have to redesign and do longer-term fixes, but boeing is learning how to produce this plane. if they are manufacturing issues, i think we're going to be okay. it's the design part that we would want to be worried about. doesn't change my long-term view of the company which is that it's a company that will generate a lot of cash here over the next several years and 40% of its market cap over the next three years and that money seems like it will be heading back to shareholders through dividends and share re
has a buy rating on boeing. thanks for being here. >> thanks for having me. >> any of these stories change your feeling on boeing? >> i see a string of potential manufacturing issue, and i think that it's very important for us to look at these issues as two different camps, manufacturing and design. if this is manufacturing hopefully we'll have a quick fix here. this is a plane ramping in production rates. boeing is learning how to produce this plane. if it's a design issue,...
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how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery nightmare and the stock is getting crushed. plus 1,350 days and counting that is how long it has been since the democratic controlled senate passed a budget. and how it could become a bargaining chip to the upcoming fight. and team obama and sen the democrats are going all out for new gun controls. tomorrow, vice president biden is going to meet with organizations and thursday he is going to the nra. all this suspect senator feinstein plans to go after h d handguns. let's talk. we have blake zeth and we may get jeannine turner. blake, the thing th
how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery...
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Jan 8, 2013
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boeing needs to get on top of this right away. >> neil: when a new plane is announced or boeing in the old days announced one or started shipping them out, did we ever have problems to this disagree, or is the media more alert to them? >> no, not this many in this short of a space. i was inspector general when the triple 7 came out. we had the same kind of thing. we had a number of glitches and electrical problems, but within the space of two years, those were all sorted out and no serious problems, no loss of life. we do expect the problems to sort themselves out. what we did not have in the triple 7 this many. >> neil: what happens, they hear of a serious of problems or accident or crash in the case of prior disasters. this is nothing like that. it's been many years. but people think, whatever model plane, i don't want to be on. where people do you think call and check ahead, wait a minute,e dream liners, do you? >> they might do that. you can wait for a few months, but people felt that way to some extent about the triple 7 and wanted to give it time to work out. my daughter is on tr
boeing needs to get on top of this right away. >> neil: when a new plane is announced or boeing in the old days announced one or started shipping them out, did we ever have problems to this disagree, or is the media more alert to them? >> no, not this many in this short of a space. i was inspector general when the triple 7 came out. we had the same kind of thing. we had a number of glitches and electrical problems, but within the space of two years, those were all sorted out and no...
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Jan 9, 2013
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we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and de
we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the...
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and breaking news regarding boeing. they had problems yesterday, of course today's problem with the fuel leak, you can see these problems are taking a toll on shares of boeing, which are dropping, but also the news of united airlines. the same place affair took place in the japan airlines, the airline according to reuters found improperly installed wiring in electrical proponent associated with celery power unit that this is what the "wall street journal" is reporting, this is also coming from reute reuters, but the ntsb according to the "wall street journal" is reporting that the japan airlines boeing 78 787 suffered severe damage. liz claman standing by in las vegas for the latest on 50 cent and the power players. how are you doing? liz: we are doing so well, we're iweare in the south hall right . if you look around, this is the area they do a lot of audio. the big crowds everywhere, all different kinds of companies, some very well-known, all day long we are absolutely going to be bringing you the guests, the real ent
and breaking news regarding boeing. they had problems yesterday, of course today's problem with the fuel leak, you can see these problems are taking a toll on shares of boeing, which are dropping, but also the news of united airlines. the same place affair took place in the japan airlines, the airline according to reuters found improperly installed wiring in electrical proponent associated with celery power unit that this is what the "wall street journal" is reporting, this is also...
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shares of boeing fell 2% after a fire broke out on an empty 7873 minor jet. -- three minor jet. the cause of the fire is under investigation, but you can see shareholders didn't like it, the stocks down 2%. the first story, what is on everybody's mind these days, texas. an editorial got our attention in "the new york times" advertisinadvocating a new way s never been used before like the backpacks. 77% of americans saw their taxes go up this month and it could be just the beginning. what it will mean for you and our economy in today's "money" power panel. my favorite professors back from the university of chicago. spencer patton, what do you think? you open "the new york times," just opening the door to a whole new wave of texas. -- taxes. are you thrilled about this come is a great idea? >> if you want all this government and you have to pay for it, the truth is if we don't/government spending, you have to raise taxes on the middle class. the problem is there's no guarantee the higher taxes will go to reduce the deficit the government might just spending . money has been spent
shares of boeing fell 2% after a fire broke out on an empty 7873 minor jet. -- three minor jet. the cause of the fire is under investigation, but you can see shareholders didn't like it, the stocks down 2%. the first story, what is on everybody's mind these days, texas. an editorial got our attention in "the new york times" advertisinadvocating a new way s never been used before like the backpacks. 77% of americans saw their taxes go up this month and it could be just the beginning....
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Jan 10, 2013
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let's get to michelle caruso-cabrera who has breaking news on boeing. >> boeing says anticipated u.s. defense budget cuts likely will mean less demand for a variety of boeing products. you don't see a big move in stocks after hours. maybe this was not unanticipated, considering we know what's going to happen with the sequester. a lot of pressure on defense spending regardless of how the outcome is going to be. once again reuters says anticipated u.s. defense cuts will likely mean less demand for a variety of boeing products. >> thanks very much. up next, friday morning movers. next is your money on the line? don't miss it. stay with us. [ male announcer ] staples is the number-one office superstore ink retailer in america. . . for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> welcome back. 30 seconds on the clock now. each of our next guests will tell you what to be prepared for for tomorrow. joining me now, eric marshall along with simir samana and michael james. good to see you, gentlemen. thank you for joining us. eric, we kick things off
let's get to michelle caruso-cabrera who has breaking news on boeing. >> boeing says anticipated u.s. defense budget cuts likely will mean less demand for a variety of boeing products. you don't see a big move in stocks after hours. maybe this was not unanticipated, considering we know what's going to happen with the sequester. a lot of pressure on defense spending regardless of how the outcome is going to be. once again reuters says anticipated u.s. defense cuts will likely mean less...
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Jan 7, 2013
01/13
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we have a call into boeing. boeing has not responded to our request for more information. i think boeing is still trying to figure out, base odd what they're hearing out of boston from the fire investigators exactly what's going on with the 787 dreamliner. a couple of things to keep in mind, scott. the mass port officials at boston just held a press conference where they said prior to this they've had a few mechanical issues, nothing major, regarding the 787 dreamliners that landed at that airport since they went into service. one other thing to keep in mind, this is the fourth understand or issue involving this 787 dreamliner in the last 34 days. united has had a couple of electrical problems. one where the plane lost some power and had to do an emergency landing in new orleans. another where they grounded the plane for electrical problems. you had the qatar airways 787 that had a similar problem as it was flying into doha and now you have this report of a fire in the belly of a 787 dreamliner, japan airlines dream liner. no passengers, now crew on the plane. guys, the br
we have a call into boeing. boeing has not responded to our request for more information. i think boeing is still trying to figure out, base odd what they're hearing out of boston from the fire investigators exactly what's going on with the 787 dreamliner. a couple of things to keep in mind, scott. the mass port officials at boston just held a press conference where they said prior to this they've had a few mechanical issues, nothing major, regarding the 787 dreamliners that landed at that...
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Jan 12, 2013
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i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first grader $100,000 a year like these guys are getting paid to say that. we have an expression for these people, and i can't say it exactly, but no duh, sherlock. of course, you need to fix the planes, but who has the lease to do in? boeing does. they don't want to see their stock plummets, and god forbid their plane crashes. they'll have 300 huge lawsuits, huge wrongful deathlawsuits against them, and they don't want that. neil: you can see boeing, you can never sue the government. >> yeah. neil: in other words, it was the government that okayed the one that blew
i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first...
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Jan 9, 2013
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boeing may of confident in the dreamliner 787, one expert has some concerns. he worries why it's taking so long to get the root cause of some of these issues, and he's not at all comforted that boeing says the incidents are unrelatedance joins us now along with phil lebeau and myself. hans, what's raising your eyebrows most. tell us where the concern lies. >> well, my biggest concern is that boeing keeps us in a period of speculation because we don't -- we're not finding out what the problems have been. the houston problem goes back now almost a month, about a month. that's a long time, and -- and it's -- the longer this period of speculation lasts, the more it opens the door to people imagining the problem to be bad, and the worst case would, of course, be a catastrophic loss of an aircraft mid-flight on a long haul flight, a loss of life. so the more quickly boeing and all the other suppliers are definitely involved, the more quickly they come up with -- with an explanation of the root cause and also, of course, right along with this, with the credible expla
boeing may of confident in the dreamliner 787, one expert has some concerns. he worries why it's taking so long to get the root cause of some of these issues, and he's not at all comforted that boeing says the incidents are unrelatedance joins us now along with phil lebeau and myself. hans, what's raising your eyebrows most. tell us where the concern lies. >> well, my biggest concern is that boeing keeps us in a period of speculation because we don't -- we're not finding out what the...
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disney, boeing, united technologies. they're contributing to the gains. >> wall street's also abuzz today over an invite that facebook sent out saying, right here. come see what we're building. shares on the move today which are trading at the higher level in six months. julia boorstin covers that company for us and joins us live from vegas. julia, when's the buzz? what are they saying about this invite? >> reporter: scott, i just love these cryptic invites from facebook. i will be there at this event next week and i expect it to be a big deal, perhaps mostly because of the term building. building is a term that ceo mark zuckerberg loves to use himself. he uses that term in the earnings calls and often to describe the products and his vision for facebook. so because that i would expect him to be speaking at this announcement next week. what's the news? there are a couple of announcements i expect to hear from facebook. if in the next couple of months if not in the next year and including an ad america to deliver ads from
disney, boeing, united technologies. they're contributing to the gains. >> wall street's also abuzz today over an invite that facebook sent out saying, right here. come see what we're building. shares on the move today which are trading at the higher level in six months. julia boorstin covers that company for us and joins us live from vegas. julia, when's the buzz? what are they saying about this invite? >> reporter: scott, i just love these cryptic invites from facebook. i will be...
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that was easy. >>> we have more breaking news now on boeing. let's send it back to our phil lebeau in chicago. phil? >> reporter: first comment in chicago regarding yesterday's dreamliner accident. officials saying the source of the fire traced to the battery to start the auxiliary power unit that gives the plane power while parked on the ground. the company is saying nothing that they have seen in this case so far in the investigation indicates a relationship to any previous 787 power system events. all of the electrical power problems that we've been reporting w.finally the company says we'll give our technical teams the time they need to go and do a thorough job and ensure we're dealing with facts, not speculation, so the bottom line is this, guys. increasingly the focus is on the battery and the connection with the auction you willy power unit on the dreamliners as they continue investigating yesterday's fire. back to you. >> thank you so. last week's rally seems oh, so long ago. the market retreating for a second day in a row as wall stree
that was easy. >>> we have more breaking news now on boeing. let's send it back to our phil lebeau in chicago. phil? >> reporter: first comment in chicago regarding yesterday's dreamliner accident. officials saying the source of the fire traced to the battery to start the auxiliary power unit that gives the plane power while parked on the ground. the company is saying nothing that they have seen in this case so far in the investigation indicates a relationship to any previous 787...
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and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what we're going to see over the next several weeks where the dreamliner is going to be back in the news on a fairly steady basis. you have to wonder what kind of an impact that's going to have on shares of boeing. >> did al nippon take more deliveries than any other airline? >> they were the launch customer. so yes, so far they have more than others. i don't think that they have the most orders. i'd go to have back and check this. but you know, it's a gradual process, where -- >> saying al nippon every day. that's the thing. so that's where -- right? >> you love saying al nippon. >> no, i don't min
and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what...
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Jan 12, 2013
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boeing stock is down today almost 3 percent for the week. gold is down $17.30 but still up $11.90 with a six week losing streak. money flowing into stocks that equity funds took in 18 point* $3 billion that is the largest flow into equities since 2008. joining me now john it is great to see you. people start snoring with the trade gap but it talks about a bigger margin like goldman sachs will lower economic growth. but the market's are holding up. what is the disconnect? >> a widening of the trade gap has the u.s. importing more because they spend more and exports but the year-over-year growth has slowed to 0 percent to barely 2.5 percent today. lori: this is good news? what is the reaction from the market? >> barrett is gross the market does not focus they care about what is happening today. lori: why do people go into stocks when you look at other assets cashier bonds? >> investors expect interest rates will agree main low debt -- indefinitely they believed the bernanke belief through 2015 then the fed will hike the rates the inequities ar
boeing stock is down today almost 3 percent for the week. gold is down $17.30 but still up $11.90 with a six week losing streak. money flowing into stocks that equity funds took in 18 point* $3 billion that is the largest flow into equities since 2008. joining me now john it is great to see you. people start snoring with the trade gap but it talks about a bigger margin like goldman sachs will lower economic growth. but the market's are holding up. what is the disconnect? >> a widening of...
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they have to do more like bank of japan, boe. they are just behind the curve and they need to do more. >> so you think the euro is going lower. what's the exact trade and levels we should be looking for? >> i'm looking to sell the euro. again, i think not only will the ecb do more, i put this out on andrewbush.com that the s&p is overdone when rallying as much. i want to sell above the levels 131.25. that used to be support, now resistance. i'm looking for 150 points on the downside. 13175. that will be a decent spot. if you get above there you're wrong on the trade. >> andy, good stuff, good plug as well. >> gotta do it. gotta do it. >> i hear you. you get trade every friday on christina's money in motion 5:30 p.m. eastern time. next up we'll talk final trades on halftime. from here to new york stock exchange. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still
they have to do more like bank of japan, boe. they are just behind the curve and they need to do more. >> so you think the euro is going lower. what's the exact trade and levels we should be looking for? >> i'm looking to sell the euro. again, i think not only will the ecb do more, i put this out on andrewbush.com that the s&p is overdone when rallying as much. i want to sell above the levels 131.25. that used to be support, now resistance. i'm looking for 150 points on the...
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>> you need something like simpson-boes, a big plan, that so-called cliff plan, that gets us over the cliff, then digs another cliff does not solve the problem, we need serious people to sit down and find ways to solve them. neil: maybe the three of us could broker a deal. thank you so very much. >> thank you. neil: lance the liar wants to neil: lance the liar wants to spin officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. neil: better never than late lance armstrong go away. dot bother you make me want to throw up. i was one of the idiots who believed you and your denials
>> you need something like simpson-boes, a big plan, that so-called cliff plan, that gets us over the cliff, then digs another cliff does not solve the problem, we need serious people to sit down and find ways to solve them. neil: maybe the three of us could broker a deal. thank you so very much. >> thank you. neil: lance the liar wants to neil: lance the liar wants to spin officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case...
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Jan 9, 2013
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and we are later going to discuss what's going on with boeing's dreamliner flights. just now, japan's all nippon airways has canceled a domestic flight due to brake problems on a boeing 787. comes amid a spate of similar reports. we'll have more detail and explore the story further in the next hour. >> we don't know whether that means they couldn't take the brakes off or put them on. >> we need more detail. and despite recent mishaps, japanese carriers appear to be standing by boeing at least for now. japan airlines says it has no plans to drop orders for the 787 dreamliner jets. it ordered a total of 45 aircraft including seven in operation. all nippon airways which placed orders for 66 dreamliner jets also says -- it has said it's sticking with its purchase. >>> staying with japan, the bank of japan is reportedly considering further monetary easing this month. according to reuters' sources, we might see the bank doubling its inflation target to 2%. there's been speculation for months. in your view, is it going to happen? and almost more importantly at this point, g
and we are later going to discuss what's going on with boeing's dreamliner flights. just now, japan's all nippon airways has canceled a domestic flight due to brake problems on a boeing 787. comes amid a spate of similar reports. we'll have more detail and explore the story further in the next hour. >> we don't know whether that means they couldn't take the brakes off or put them on. >> we need more detail. and despite recent mishaps, japanese carriers appear to be standing by...
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boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a lot of problems. these are really hard planes to build. they switched that new composite, went away from aluminum. i come back and just say, once again, if you doubt boeing's prowess, you haven't studied them, from the b-29 and b-17 on, great american company. they'll solve it. in the interim i think people will say -- we haven't seen big cancellations. >> no, we haven't. let's check in with bob pisani on the floor this morning. >> happy wednesday. this is the first day of the week we've had a positive opening. at least
boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a...
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>> well, we've seen boeing under pressure. yesterday was the biggest loser in the dow and today it's looking slightly lower, you're talking the 787 dreamliner, electrical issues, a fuel leak, a fire, all of this obviously all put together not good news there. today, it's looking right now, the bid-ask sitely higher. stuart: yeah, so it's coming back a little bit, maybe at the opening bell, but it's still down 5% in a couple of days. nicole, thanks very much indeed. moments from now we have the man who conducted what i think is maybe the most important economic interview of the year so far. the man who got the quote from the president that says we will not be cutting spending. we'll have steve moore for you, he got the interview and the opening bell coming up next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you
>> well, we've seen boeing under pressure. yesterday was the biggest loser in the dow and today it's looking slightly lower, you're talking the 787 dreamliner, electrical issues, a fuel leak, a fire, all of this obviously all put together not good news there. today, it's looking right now, the bid-ask sitely higher. stuart: yeah, so it's coming back a little bit, maybe at the opening bell, but it's still down 5% in a couple of days. nicole, thanks very much indeed. moments from now we...
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in the context of boeing, boeing is just a few dollars, or had been before these problems were revealed this week, off of new highs for the year. and so the context is you take profits here on a strong gainer. >> i was talking to david, who is always skeptical by what i say, i would hope to say antiseptical by monday, i hope -- >> i just have a little stuffy nose. you're running away from me like i'm typhoid mary. i've had my flu shot. >> i've only had one. >> whooping cough is making a big comeback. >> pertussis. >> come here, jim. >> no, we'll pass on that attractive opportunity. what i think is really interesting is japan is rearming. they're ordering rake yon systems. i think germany is going to have to rearm. i don't mean world war ii. we're pulling back. i bet you we take our soldiers out of japan and germany in the next four years. it costs too much money. these countries are buyers of our hardware. >> we should point out this continued dispute between china and japan over the south china sea continues to escalate. to sending fighter jets into near air space. it's certainly somet
in the context of boeing, boeing is just a few dollars, or had been before these problems were revealed this week, off of new highs for the year. and so the context is you take profits here on a strong gainer. >> i was talking to david, who is always skeptical by what i say, i would hope to say antiseptical by monday, i hope -- >> i just have a little stuffy nose. you're running away from me like i'm typhoid mary. i've had my flu shot. >> i've only had one. >> whooping...
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what is going on with boeing's dream liner? >>> our second story "outfront" iran in chuck hagel's corner. the defense minister applauding president obama's pick for the defense chief, saying we hope there will be practical changes in america's foreign policy and washington becomes respectful of the rights of nations. hagel's comments about iran have become lightning rods. critics point back to his push in 2005 for direct negotiations with iran and to his past statements like in 2006, when he said i would say that a military strike against iran, a military option, is not a viable feasible responsible option. i believe a political settlement will be the answer. 2005 and 2006 was a long time ago. his views have tempered perhaps, who knows. "outfront" tonight, peter brooks, former assistant secretary of defense and john avlon. let me start with you, peter. obviously the iranian government loves to get involved in these things at times and stir the pot. they seem to love to do that. but how much does this seeming endorsement affect
what is going on with boeing's dream liner? >>> our second story "outfront" iran in chuck hagel's corner. the defense minister applauding president obama's pick for the defense chief, saying we hope there will be practical changes in america's foreign policy and washington becomes respectful of the rights of nations. hagel's comments about iran have become lightning rods. critics point back to his push in 2005 for direct negotiations with iran and to his past statements like...
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. >>> another boeing dream liner has run into problems. canceled after they discovered the problem with the braking system. this has been fires and fuel leaks and now this. an aviation expert says these issues are typical. passengers don't need to worry and pilots have been operating with an abundance of caution. >>> federal judge has approved a plea deal that will send a business man to joil for trying to export missile parts to iran. he has been sentenced to 33 months in prison. his attorney tells "outfront" he hopes his client will only have to serve four to six months in the united states. he thinks he's likely to serve little to no jail time. >>> it has been 524 days since the u.s. lost its top credit rating. what are we doing to get it back? a source tells cnn, president obama will nominate white house chief of staff to succeed timothy geithner. >>> a hero's welcome for a suspected terrorist. the only person jailed in connection with last september's deadly attack in benghazi is now free. and there is new video we want to show you. s
. >>> another boeing dream liner has run into problems. canceled after they discovered the problem with the braking system. this has been fires and fuel leaks and now this. an aviation expert says these issues are typical. passengers don't need to worry and pilots have been operating with an abundance of caution. >>> federal judge has approved a plea deal that will send a business man to joil for trying to export missile parts to iran. he has been sentenced to 33 months in...
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lots of issues for boeing this week. today we heard of cracked glass as well as another oil leak. they are looking into the issue. they will launch an investigation. you know, they would fly on the plane and you would think they would fly higher on that. back to you. dagen: thank you. it was secretary of transportation. he said he would have no reservations boarding a plane and taking a flight right now. it does speak to these officials trying to reiterate the safety of these planes. connell: another thing we are keeping a very close eye on is the videogame industry. dagen: monica crowley is a syndicated radio host, fox news contributor, what you have to say? there is room for compromise between republicans and democrats. >> the new town massacre was so particularly horrific. i think when they are talking about a national database, i think you will get a lot of pushback from conservatives on that issue. if you want to go purchase a gun, your name will be entered into a national database. we will have to see what comes out of this at the end. one of the reasons this is such a compl
lots of issues for boeing this week. today we heard of cracked glass as well as another oil leak. they are looking into the issue. they will launch an investigation. you know, they would fly on the plane and you would think they would fly higher on that. back to you. dagen: thank you. it was secretary of transportation. he said he would have no reservations boarding a plane and taking a flight right now. it does speak to these officials trying to reiterate the safety of these planes. connell:...
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. >> and this boeing travesty is probably unfair to call is a travesty. but every day you get some bad thing happening to the boeing 787 dream liner. do you buy that stock on the dip because it's a great long term company? or do you just stay the heck out of it? >> i think that's exactly right. this is a technology that's going to work longer term for the travel industry. and i think that boeing is on the cutting edge with a very good product. now there are some bugs they've got to work out. there's no question about that. they're going through those growing pains. but i mean if you get a significant pull back based upon some hiccups, i think longer term that's probably a very attractive buying opportunity. >> now how about this headline? u.s. stocks enjoy their biggest weekly inflow since 2008? $18 billion according to the people at lipper. is this reflecting a change? is retail coming back into the stock market? because if they are, that could drive this baby up several thousand points on the dow. >> you're right. there's a couple of things at play. one
. >> and this boeing travesty is probably unfair to call is a travesty. but every day you get some bad thing happening to the boeing 787 dream liner. do you buy that stock on the dip because it's a great long term company? or do you just stay the heck out of it? >> i think that's exactly right. this is a technology that's going to work longer term for the travel industry. and i think that boeing is on the cutting edge with a very good product. now there are some bugs they've got to...
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boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the street was expecting. the country's largest aluminum producer says that it is cautiously optimistic that demand for the metal will continue to grow in 2013. among the catalysts, they're looking at strong sales to aerospace and construction customers. alcoa executives are keeping a cautious tone as worries linger about the budget battles in washington. >> you look at the businesses, you actually see that the endowment dow stream businesses are hitting new records profitabilities. another quarter of that and record year. that's great. when you look t upstream where it's basically abou
boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the...
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phil lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness directive. it would be a much more serious matter. and it might involve airlines being told stand down, don't fly this plane. that is not what is happening. airlines that have the dream liner will continue to flow it. but the faa is saying this is not simply looking into what happened on monday in boston, we want to do a special review of the power system remember, at the heart of this is the issue of the way the dream liner derives so much of the onboard electricity. this uses much more electricity than any other plane. as a result, it's much more complex than your typi
phil lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness...
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boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with european markets. today we've just turned into the green slightly for the ftse, the xetra dax and the ibex. only marginal. and as far as today's agenda in the united states, wells fargo, we spoke about it, the first of the u.s. banks to report earnings this season set for around 8:00 a.m. new york time. also due out, best buy will relace its holiday 2012 sales. at 9:30 eastern, the philadelphia fed president will speak at the new jersey economic leadership forum and at noon, the u.s. department of agriculture will release its final crop production report
boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with...
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but it would be less than what boeing announced late yesterday. the u.s. rival booked 1,203 exactly orders last year. and delivered just over 600 planes for 2012. it's the best result for the u.s. planemaker since 2009. and it's also higher than its own forecast for the last year. the 737 max is competing with the airbus 320, they both need to reduce fuel consumption by about 15%. and last year for that plane, boeing booked 914 orders. so that explained why the u.s. planemaker is about to regain its crown as the largest planemaker for 2012. >> it's all about bragging rights, isn't it, stephane? they do like to do a bit of bragging. >> are you talking about yourself? >> well, you know, who doesn't, right? i've got more than you is what they -- isn't it, i suppose. i'm not talking about personally, i'm just talking about airbus and boeing. that's not between you and i. >> we're used to that in france. >> i'm on a diet, so hopefully there will le be less of me to come. >>> the federal reserve is concerned over quantitative easing. treasury yields still going
but it would be less than what boeing announced late yesterday. the u.s. rival booked 1,203 exactly orders last year. and delivered just over 600 planes for 2012. it's the best result for the u.s. planemaker since 2009. and it's also higher than its own forecast for the last year. the 737 max is competing with the airbus 320, they both need to reduce fuel consumption by about 15%. and last year for that plane, boeing booked 914 orders. so that explained why the u.s. planemaker is about to...
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we have not heard back from boeing. but if you take a look at shares, carl, the the stock has been ticking lower ever since this fire serviced about 15 minutes ago. that's the latest regarding this dreamliner fire at boston airport. >> phil, thanks for that. what do the white house, snoop dogg and the economist magazine have in common? they all use sound cloud, a start-up that let's you upload and share sounds of all kinds. that means music, pop casts, even your baby's first words. alex joins us this morning from san francisco. alex, good morning to you. >> good morning. how are you? >> for those who never heard identity, tell us what sound cloud is and what it's not. people hear about a sound tool on the web and they start to get a preconceived notion of what that is. what do you to? >> sure. sure. soundcloud is the world's online audio platform. that means people come to sound cloud to share sounds that they've created. could be any kind of sound. and also people come there to discover and hear all these great sounds
we have not heard back from boeing. but if you take a look at shares, carl, the the stock has been ticking lower ever since this fire serviced about 15 minutes ago. that's the latest regarding this dreamliner fire at boston airport. >> phil, thanks for that. what do the white house, snoop dogg and the economist magazine have in common? they all use sound cloud, a start-up that let's you upload and share sounds of all kinds. that means music, pop casts, even your baby's first words. alex...
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any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that everyone is walking around. is it so serious that there's a real safety risk and the answer is no of course there are issues. they will be fixed but the faa says it's safe, the experts that i've spoken with say it is safe. wolf, you buy me a ticket and i'll board a dreamliner across the country. >>> bill richardson just rern returned from north korea. with a new leader, is anything any different? my conversation with bill richardson when we come back. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those da
any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that...
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then, the boeing dreamliner turning into a nightmare for the company as the safety issues keep piling up. an aviation safety expert is here to discuss if we're putting too much technology in our planes. we're going to explain. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [
then, the boeing dreamliner turning into a nightmare for the company as the safety issues keep piling up. an aviation safety expert is here to discuss if we're putting too much technology in our planes. we're going to explain. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to...
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take a look at what happened with boeing shares yesterday once these reports came out. stock took a huge hit. down 2% at the end of the day. and then when you take a look at boeing over the last year, some are going to say listen, it was due for some sort of a pullback and this was just the catalyst behind it, but there's no doubt, andrew, that the ntsb is looking at two things right now, the electrical issues that boeing 787s have been experiencing, and the reports of loss of power not only from united and qatar and then also this fire being in the electrical compartment yesterday. but also the lithium ion batteries. was this fire caused by those batteries? or was it caused by an electrical issue and then that caused the batteries to then have a problem? that's what they're investigating right now. and remember, this is a long haul aircraft that goes over the pacific ocean, the atlantic ocean. that's what it's designed for, to connect midsize cities. it's not like you can say well we need to bring the plane down, we're in the middle of the pacific ocean. that's of part
take a look at what happened with boeing shares yesterday once these reports came out. stock took a huge hit. down 2% at the end of the day. and then when you take a look at boeing over the last year, some are going to say listen, it was due for some sort of a pullback and this was just the catalyst behind it, but there's no doubt, andrew, that the ntsb is looking at two things right now, the electrical issues that boeing 787s have been experiencing, and the reports of loss of power not only...
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. >>> another day, another embarrassing incident for boeing and its 787 dream liner. today was brake problems that canceled a flight. yesterday, there was a fuel leak, spilled 40 gallons of fuel on the runway. monday in boston, there was a battery fire. both of those were japanese airline flights. boeing keeps saying these are minor issues. easily fixed, and the planes are safe to fly. but you know what? a lot of people are now saying that many of these problems are coming from outsourcing. that's right. outsourcing. and the fact in america we don't seem to have enough qualified engineers to do the job. meanwhi meanwhile, the flu season is going to be one of the worst in at least a decade. now the mayor of boston is declaring a public health emergency. good evening, alicia. >> good evening, larry. the mayor called this a flu epidemic today, already four people have died tied to the flu. so far, there have been an estimated 700 flu occasions in the city of boston alone, that's compared to 70 cases, all of last season, we are only half way through the flu season this ye
. >>> another day, another embarrassing incident for boeing and its 787 dream liner. today was brake problems that canceled a flight. yesterday, there was a fuel leak, spilled 40 gallons of fuel on the runway. monday in boston, there was a battery fire. both of those were japanese airline flights. boeing keeps saying these are minor issues. easily fixed, and the planes are safe to fly. but you know what? a lot of people are now saying that many of these problems are coming from...
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but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you roll out a brand-new plane that you've really designed from scratch. >> all right, tom costello, dulles airport, outside dc. tom, thanks. >>> still ahead as we continue on a friday night, how about arming teachers in the classroom. how do parents feel about that as a protection in the post newtown era? >>> and later, critical mass over the new portrait of a princess. we'll have the harsh reaction and proof this isn't the first time a depiction on canvas hasn't gone over so well. >>> a colorado judge today delayed the formal arraignment of a
but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you...
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faa orpded a review of new boeing 787 airliners. they'll hold a news conference discussing orders related to the new dreamliner. new plane experienced three problems this week, including a electrical fire that caused severe damage to one plane. >>> good news coming from ford which plans to hire 2,200 new white collar workers including engineers and computer programmers. this hiring will happen this year as demand for new vehicles is picking up. >>> bad news from american express which plans to shave about 5,400 jobs, most from its travel business as customers book more online. >>> scholastic has donated about 1 million new books to schools in new jersey that were ravaged by hurricane sandy. >>> the >>> did shell oil move an oil rig that ran aground to avoid millions in taxes. >>> did shell oil move an oil rig that ran aground to avoid millions in taxe >>> did shell oil move an oil rig that ran aground to avoid millions in taxes. that's a question ed markey is asking but shell denied the accusation, but said the rig was moved due to
faa orpded a review of new boeing 787 airliners. they'll hold a news conference discussing orders related to the new dreamliner. new plane experienced three problems this week, including a electrical fire that caused severe damage to one plane. >>> good news coming from ford which plans to hire 2,200 new white collar workers including engineers and computer programmers. this hiring will happen this year as demand for new vehicles is picking up. >>> bad news from american...
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boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane crashed in buffalo, new york. before that nothing since 2006. and consider that on average nearly 2 million people fly domestically every single day. the airline industry does have something to crow about. violence, video games and the vice president of the united states. joe biden met today with members of the video gaming industry to prevent mass shootings a lot of disagreement about the best solution. do would need video game restrictions? more gun control? something else entirely? some combination? they're working on it. the details ahead. a chan
boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane...
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. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was three years behind schedule. the 787's maiden flight was touted in 2007. but after four years of troubling delays, its first flight finally took off on an overcast day in seattle. at first, airlines fell in love. 57 companies ordered the dreamliner at a cost of more than $200 million each. but the plane is struggling, just this week, a fire, a fuel leak, an electrical malfunction and a cracked cockpit window were found on different dreamliners. the faa is now reviewing the plane's certification. >> there've been no common denominator between the incidents, so it
. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was...
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boeing contributed to the slump after a 787 dreamliner caught fire at logan international airport. no passengers on board. the faa is investigating. meantime bank of america slipped depit reaching an over10 billion settlement with fannie mae over questionable home loans it sold during the housing bubble. that's it from cnbc. we are first in business worldwide. now it's back over to "hardball" on msnbc. ♪ >>> as a country we have been through this too many times, whether it's an elementary school in newtown or a shopping mall in oregon or a temple in wisconsin or a movie theater in aurora or a street corner in chicago. these neighborhoods are our neighborhoods, and these children are our children. and we're going to have to come together and take meaningful action to prevent more tragedies like this regardless of the politics. >> welcome back to "hardball." it's been 24 days now since the horrific shooting in newtown, connecticut, and this weekend we got the first bit of information on the size and scope of recommendations vice president biden's gun control task force may make. "t
boeing contributed to the slump after a 787 dreamliner caught fire at logan international airport. no passengers on board. the faa is investigating. meantime bank of america slipped depit reaching an over10 billion settlement with fannie mae over questionable home loans it sold during the housing bubble. that's it from cnbc. we are first in business worldwide. now it's back over to "hardball" on msnbc. ♪ >>> as a country we have been through this too many times, whether...
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. >> plus faa launches review of the boeing 787 dream liner. san jose international celebrates aircraft arrival in the bay year. why hopes are so high that the plane will be such a big success. e to face back founder zuckerberg and how much that will cost you. that will cost you. stay with us. 7 news at is. >> the center for disease control said today that a nationwide flu outbreak is spreading. now concentrate entered fewer states. this map indicates california in green has not been hit yet really. but the outbreak is growing worse in the state highlighted in red. heather tonight explains what is being done to prevent a major outbreak here. >>reporter: these flu vaccine doses are among the last available at northern california kaiser facilities. >> we are running low. in some facilities there are certain types of flu vaccine that we have no longer available. >>reporter: the state believes there's still enough available elsewhere through pharmacy and doctor offices but northern california kaiser patients have used most of the 1.35 million doses
. >> plus faa launches review of the boeing 787 dream liner. san jose international celebrates aircraft arrival in the bay year. why hopes are so high that the plane will be such a big success. e to face back founder zuckerberg and how much that will cost you. that will cost you. stay with us. 7 news at is. >> the center for disease control said today that a nationwide flu outbreak is spreading. now concentrate entered fewer states. this map indicates california in green has not...
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are designed and the c s t one hundred by boeing to be reusable ten times one hundred times a thousand times and those kinds of advances will be the ones and it's going to take time that will yield those price decreases that will eventually enable millions of people to go to space every year there is one of the costs that perhaps hasn't been looked at enough at the moment there's already a lot of criticism leveled at people flying all over the world for the holidays about emissions and about pollution that not many rockets launch from of the moment but they certainly don't environmentally friendly the ones that launch if that program is going to be expanded one could be the environmental costs of such space tourism. so when we calculated the the carbon emissions of a soyuz launch it ended up being something like a fraction of a transatlantic air flight so it's actually not as much as you think the fuel on the space shuttle was liquid hydrogen and liquid oxygen and the exhaust was water so these are not the kinds of things that are really going to affect our carbon emissions and our env
are designed and the c s t one hundred by boeing to be reusable ten times one hundred times a thousand times and those kinds of advances will be the ones and it's going to take time that will yield those price decreases that will eventually enable millions of people to go to space every year there is one of the costs that perhaps hasn't been looked at enough at the moment there's already a lot of criticism leveled at people flying all over the world for the holidays about emissions and about...
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Jan 12, 2013
01/13
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FBC
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the head of the federal aviation administration says the boeing 787 is safe, but he is concerned about recent incidents including a battery fire and fuel leak earlier this week. therefore the faa is launching a comprehensive investigation into the 787, reviewing everything from design to manufacturing and assembly. as a result the stock took a nose dive, falling around two and a half%. on to a topic we love to cover, a college degree, is it worth it? the question on everyone's mind as credit states crushing debt. phar-mor, i want to welcome the author of from preschool to grad school, strategies for success at any level of competitive admissions. and charlie kirk is the founder of turning point u.s.a., and he has experience being in school because i think he is just out if i have your age right. thank you for coming on. give us your view. is college reported? >> i think it is becoming more and more less an investment that people put into it. the federal reserve released a report a student loan debt has surmounted $1 trillion. kids are waist deep in debt, and it disallows for entreprene
the head of the federal aviation administration says the boeing 787 is safe, but he is concerned about recent incidents including a battery fire and fuel leak earlier this week. therefore the faa is launching a comprehensive investigation into the 787, reviewing everything from design to manufacturing and assembly. as a result the stock took a nose dive, falling around two and a half%. on to a topic we love to cover, a college degree, is it worth it? the question on everyone's mind as credit...
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Jan 11, 2013
01/13
by
KGO
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it's a press conference boeing certainly did not want to see. the faa calling in the national press corps to talk about a recent rash of problems onboard the dreamliner 787. government will call for a review of the plane's newly-designed electrical power system. >> this is a newer kind of a battery that hasn't been basically, you know, looked at, in terms of any types of falls. it's a very good battery. we're not sure exactly what happened with it. >> reporter: the 787, which gets better fuel mileage than standard jetliners, replaced heavier hydraulic controls with lightweight electronics to fly. it's more sophisticated, powerful and complicated. and while the dreamliner has had other minor glitches, including a fuel leak in boston, and a brake warning light in tokyo this week, and just overnight at a different airport in japan, a cracked cockpit windshield, the electrical hitch is seriously to catch the attention of the ntsb, faa and aviation experts. united, which flies the only six 787s operating domestically, says it has no plans to take its
it's a press conference boeing certainly did not want to see. the faa calling in the national press corps to talk about a recent rash of problems onboard the dreamliner 787. government will call for a review of the plane's newly-designed electrical power system. >> this is a newer kind of a battery that hasn't been basically, you know, looked at, in terms of any types of falls. it's a very good battery. we're not sure exactly what happened with it. >> reporter: the 787, which gets...
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153
Jan 11, 2013
01/13
by
KRON
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this morning more problems for boeing 737 jetliner. the jets suffered a cracked a cockpit window and oily concept flies in japan on friday both all nippon airways. >> or earlier this week a battery fire caused damage to an in the 787 operated by japan airlines, boston. >> then another 77 spilled fuel on the taxiway. >> also in boston. >> after a computer glitch on the planes cost about to open. this morning at 9:00 a.m. zero is planned at san jose men at airports to introduce a new dream minor service from san of the tokyo. >> the san francisco 49ers are hosting the green bay packers tomorrow and their first playoff game. >> we're lsend your photos to breaking news at kron4.com. we will share them brought the morning. we will take a quick break and be right back. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ cont
this morning more problems for boeing 737 jetliner. the jets suffered a cracked a cockpit window and oily concept flies in japan on friday both all nippon airways. >> or earlier this week a battery fire caused damage to an in the 787 operated by japan airlines, boston. >> then another 77 spilled fuel on the taxiway. >> also in boston. >> after a computer glitch on the planes cost about to open. this morning at 9:00 a.m. zero is planned at san jose men at airports to...